The Canadian government will help OSI Maritime Systems speed up the development of its electronic chart precise integrated navigation system for warships (ECPINS) through an investment of $1.8 million (approx. US$1.4).
Navdeep Bains, Canadian Minister of Innovation, Science, and Economic Development and Minister responsible for Western Economic Diversification Canada, made the announcement today during a visit to OSI Maritime Systems Ltd. in Burnaby, B.C.
The British Columbia company will also upgrade its tactical software to comply with the latest standards of the North Atlantic Treaty Organization (NATO). The federal contribution will be matched by OSI.
OSI’s software is currently in service on more than 600 warships and submarines operated by 20 navies, including the Royal Canadian Navy. The upgraded version of ECPINS is designed to improve navigational safety as well as situational awareness for naval warships and submarines.
This investment is the first of several projects to be announced under the Western Innovation (WINN) Initiative. The program provides $100 million in repayable contributions to small- and medium-sized companies in Western Canada.
“Canadian companies, such as OSI, are working hard to bring their products to market. The Government of Canada is proud to support a product that will improve safety and tactical awareness for naval submarines around the world. These projects also promote economic growth and create high-quality jobs in Canada.” Minister Bains said.